Silver (XAG/USD) prices moved lower to around $31.20, ending a two-day winning streak during the early European session on Thursday(12/5). The Federal Reserve's (Fed) cautious stance on interest rate cuts weighed on the white metal.
Federal Reserve Chairman Jerome Powell said Wednesday that the strength of the U.S. economy means the U.S. central bank can afford to be "a little more cautious" about decisions about interest rate moves. Joseph Brusuelas, chief economist at RSM US, noted that he does not expect another rate cut after the December meeting until March 2025 at the earliest.
Silver opened at 43,958 at the start of the Asian session, holding near its highest level in over 14 years. Market sentiment remains positive after the Fed cut interest rates last week, which has incr...
Gold prices are stable amid global sentiment still influenced by the Federal Reserve's policy direction. Expectations of a US interest rate cut are the main driver, with investors continuing to seek g...
Silver prices continue to demonstrate resilience, holding near 14-year highs. This precious metal is supported by a combination of fundamental factors, ranging from expectations of a US interest rate ...
Oil prices fell for the fifth straight day, the longest losing streak since early August. Pressure arose from signals that global supply will increase and potentially create a surplus in the fourth qu...
Gold rose on market expectations that the Fed would cut interest rates again after weak US economic data and core inflation remained above target. This condition pressured the dollar and prompted inve...
Stocks in Hong Kong edged up 27 points, or 0.1%, to 26,186 in Wednesday morning trade, trying to reverse losses from the prior two sessions as most sectors advanced. Bargain hunting, particularly in property stocks, helped lift the market from its...
Japanese indexes corrected on Wednesday, with the Nikkei 225 down 0.1% to ±45,450 and the Topix down 0.5% to 3,147, erasing the previous session's gains. Pressure came from Wall Street, which retreated from record highs after Fed Chairman Jerome...
Silver opened at 43,958 at the start of the Asian session, holding near its highest level in over 14 years. Market sentiment remains positive after the Fed cut interest rates last week, which has increased the demand for non-yielding assets like...
Asia-Pacific markets traded higher Monday, tracking Wall Street's gains on Friday stateside, as investors awaited China's key lending rate decision...
Reserve Bank of Australia (RBA) Governor Michele Bullock said that economic data since the August meeting has been slightly better than expected....
India's Trade Minister Piyush Goyal will visit Washington today, September 22, to push forward a long-pending trade deal, following renewed talks...
Economic activity in the UK's private sector expanded at a softer pace in September than in August, with the S&P Global Composite Purchasing...